TITLE:
An EOQ Model for Deteriorating Items with Linear Demand, Variable Deterioration and Partial Backlogging
AUTHORS:
Trailokyanath Singh, Hadibandhu Pattnayak
KEYWORDS:
Deteriorating Items; Economic Order Quantity (EOQ); Linear Demand; Partial Backlogging; Variable Deterioration Rate
JOURNAL NAME:
Journal of Service Science and Management,
Vol.6 No.2,
June
17,
2013
ABSTRACT: In this paper, an economic order
quantity (EOQ) model is developed for deteriorating items with linear demand
pattern and variable deterioration rate. Shortages are allowed and partially
backlogged. The backlogging rate is variable and dependent on the waiting time for
the next replenishment. The objective of the model is to develop an optimal policy
that minimizes the average total cost. The numerical example is used to illustrate the developed
model. Sensitivity analysis of the optimal solution with respect to various parameters is carried out.